The SPDR S&P 500 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. For SPY Options Trading, SPDR call and put options have an underlying value of 100 SPDRs so, for example, if the SPDR is priced at 1.00, the underlying notional value covered by one SPDR option would be $100. With Monday, Wednesday & Friday expirations priced in increments of $0.50, SPY options are the bread and butter for Fibonacci trading and trend trading strategies and the most popular asset to learn to trade options.
2016 – 2018 Ranges: (181.02 – 228.34) (223.88 – 268.60) (233.76 – 293.94)
1-Month Range: 255.50 – 273.44
Weekly Chart
Daily Chart
5 Day Chart
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 294.28 | |
| 52-Week High | 293.94 | |
| 13-Week High | 280.40 | |
| 14 Day RSI at 70% | 278.01 | |
| 1-Month High | 273.44 | |
| Pivot Point 2nd Level Resistance | 272.38 | |
| Pivot Point 1st Resistance Point | 271.42 | |
| Last | 270.47 | Last |
| 269.63 | Pivot Point | |
| Pivot Point 1st Support Point | 268.67 | |
| Pivot Point 2nd Support Point | 266.88 | |
| 264.99 | 14 Day RSI at 50% | |
| 1-Month Low | 255.50 | |
| 14 Day RSI at 30% | 244.66 | |
| 13-Week Low | 233.76 | |
| 52-Week Low | 233.76 | |
| 14 Day RSI at 20% | 219.24 |
